Examlex
What is information security?
Step-fixed Costs
Costs that remain constant for a certain level of production or activity, but can change to a different fixed amount when a certain threshold is crossed.
Variable Costs
Costs that vary directly with the level of production or output.
Absorption Costing
An accounting method that includes all manufacturing costs—direct materials, labor, and both variable and fixed overhead—as part of the cost of a finished product.
Absorption Costing
An accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overheads - in the cost of a product.
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